chief-executive

Yahoo co-founder steps down

In the latest management shuffle, Yahoo co-founder Jerry Yang has stepped down from the board of executives and resigned his post as ‘Chief Yahoo .’ “The time has come for me to pursue other interests outside of Yahoo ,” Yang said in a statement . “As I leave the company I co-founded nearly 17 years ago, I am enthusiastic about the appointment of Scott Thompson as chief executive officer and his ability, along with the entire Yahoo leadership team, to guide Yahoo into an exciting and successful feature.” Yang served as chief executive at the flagging internet giant from June 2007 to January 2009 before being replaced by Carol Bartz. He is widely criticised for turning down a lucrative deal from Microsoft to purchase the company for $44.6 billion (

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Spotify heeds complaints over Facebook sharing concerns

Spotify received hundreds of complaints from angry users following changes to the music streaming service after joining forces with Facebook, prompting new privacy settings for the app. Last week’s f8 conference saw the two web heavyweights team up to provide what they described as a ‘frictionless sharing’ experience for users. Friction, however, seems to be exactly what a significant number of users felt following the changes. The GetSatisfaction support forum and Spotify’s blog have been inundated with messages from disgruntled music listeners claiming the changes to the service violate their privacy. Privacy campaigners in the US have also filed a letter of complaint with federal regulators

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Spotify heeds complaints over Facebook sharing concerns

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Yahoo! says bye-bye to Bartz

Carol Bartz has been fired from Yahoo! as chief executive officer. She will be replaced by Yahoo!’s chief financial officer Tim Morse, effective immediately. In a press release , Yahoo! said: “The Board of Directors has appointed Timothy Morse interim chief executive officer, effective immediately, replacing Carol Bartz, who has been removed by the Board from her role as chief executive officer.” “The board is commencing a search for a permanent chief executive officer and expects to engage the services of a nationally recognised executive search firm to help it identify candidates for the position as expeditiously as possible.” Bartz was named CEO in 2009, taking over from Yahoo! co-founder Jerry Yang, but her tenure was marked by struggle and, despite job cuts and a management team shake up, the company was unable to regain lost ground against search giant Google . Rumours about a potential management switch-up began circulating in Silicon Valley months ago and came to a head at Yahoo!’s annual shareholder meeting in June. When asked to address reports that Yahoo! was looking for new leadership, chairman Roy Boystock denied rumours and reiterated that the board was “very supportive of Carol and the management team.” Following the news of her departure, Yahoo! shares jumped 6 per cent in after-hours trading, an increase of 81 cents to $13.72 According to the New York Times , Bartz sent an email to employees informing them of her departure: “I am very sad to tell you that I’ve just been fired over the phone by Yahoo!’s chairman of the board. It has been my pleasure to work with all of you and I wish you only the best going forward.” After rejecting a $44.6 billion cash-and-stock offer from Microsoft to buy the search engine in 2008, rumours are beginning to circulate about Yahoo! putting itself up for sale hot on the heels of Bartz’s departure. According to the Wall Street Journal , a company insider said Yahoo! is “open to selling itself to the right bidder.” The board of directors is expected to initiate a strategic review to evaluate the company’s current situation and discuss the possibility of acquisitions and partnerships in future

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Yahoo! says bye-bye to Bartz

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Dell builds smartphones for new Baidu Yi platform

Chinese internet company Baidu is set to partner with PC giant Dell to develop smartphones that will run new software platform, Baidu Yi. The Baidu Yi platform, announced on Friday, has been developed to tackle the highly competitive Chinese mobile market and the software will be installed as standard on the new soon to be released Dell smartphones. Although not an operating system in itself, it has been reported that Baidu Yi is based on Android software. The Guardian reports that Baidu has announced that its own version of Google Android mobile operating system will be upcoming. Seeing as the Chinese search engine has long voiced its displeasure with Google , it’s likely it will take advantage of the fact Android can be altered to remove the default Google search function and apps. Baidu is China’s top search engine with an 80 per cent share of the market, and, not content with only expanding into smartphones, it also plans to develop tablet computers and go head to head with market leaders Apple and Lenovo. Analysts believe this latest partnership could signal a turning point in the fortunes of Dell’s waning tablet business. Dell’s Streak 5 was an Android-based smartphone-tablet hybrid that failed to take off and which was therefore discontinued in the US last month. “Dell has got nothing to lose, they don’t have a big mobile presence, so by partnering Baidu, they will probably get some momentum for their mobile products,” says Garter research director, Sandy Shen

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Dell builds smartphones for new Baidu Yi platform

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Companies pull the plug on social networking sites at work

A third of UK companies are blocking their employees from using social networking sites on the job, a recent study found. According to the Financial Times , more companies have been restricting access to social networking sites over fears of hacking and other security issues. The news comes following a survey by Clearswift that reported the number of companies seeking to restrict access from social networking sites such as Twitter and Facebook over the last year jumped from 9 to 19 per cent. CEO of Clearswift Andrew Wyatt said: “Businesses have reacted to the series of high-profile data leaks and have become increasingly nervous about it usage from the workplace.” “Social networking sites often have little to do with data-loss incidents, but they have become guilty by association, because they are seen as having an impact on a company’s brand.” Companies have come up with a range of solutions to thwart the use of social networking sites at work – anything from restricting access to reminding employees not to use the sites by displaying a pop-up when they sign in from work. While many managers see the benefits of using social media to generate business, fears over security and compliance prevent them from integrating social media into their business model. Wyatt said: “Rather than embracing new channels of communication, companies have clamped down and become overtly defensive, which is consequently stifling avenues of growth.” Although security fears remain a major concern for employers, 31 per cent of businesses in the UK say they plan to invest more money into using these sites for corporate communications next year. Digg | delicious | Reddit | Google | Twitter | Sphinn | StumbleUpon | YahooBuzz | Facebook | Mixx | Contact bigmouthmedia

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Companies pull the plug on social networking sites at work

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Facebook Announces New Chief Financial Officer

Facebook has named David Ebersman, the former executive vice president and chief financial officer of the biotechnology company Genentech, its new chief financial officer (CFO). Ebersman will report to Facebook’s Chief Executive Officer and Founder Mark Zuckerberg.

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Facebook Announces New Chief Financial Officer

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Websites and News Aggregators Struggle to Handle Traffic Related to Jackson’s Death

After the first reports of Michael Jackson’s demise surfaced online last week, the Internet struggled to keep pace with the record number of queries and traffic as people sought out the details.

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Websites and News Aggregators Struggle to Handle Traffic Related to Jackson’s Death

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Mother’s Day Gift and Coupon Sites Top Websites in May 2009

After April 2009′s focus on swine flu and social networking, U.S. consumers shifted their attention to purchasing Mother’s Day gifts and finding coupons in May 2009, comScore’s latest analysis of consumer activity shows.

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Mother’s Day Gift and Coupon Sites Top Websites in May 2009

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Readers Track Favorite Journalists with New Google News Feature

Google News recently launched a new feature that allows readers to follow the work of their favorite journalists. Clicking on the name of a specific journalist will bring up a list of all articles associated with him or her.

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Readers Track Favorite Journalists with New Google News Feature

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Yahoo! Announces Easy Display Ad Solution

Originally an extension of a program that Yahoo! and AdReady offered to select Yahoo! Small Business customers last year, Yahoo! has announced that its display ad solution My Display Ads is now available to help small and medium-sized businesses easily reach their target audience.

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Yahoo! Announces Easy Display Ad Solution

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